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About This Home
This 3-bedroom, 3-bathroom single family at 184 Bahama Avenue in Key Largo, FL is listed for $2,399,000 ($1,283 per sqft). Built in 1987, the home offers 1,870 sqft of living space on a 0.22 acres lot.
Presenting a rare opportunity to redesign, rebuild, or invest in one of the Upper Keys' most coveted boating enclaves, Port Largo. Just a few lots in from the open ocean, this concrete construction residence is positioned on a wide, protected waterway with 75 feet of concrete dockage, capable of accommodating large center consoles, express boats, or sportfishing vessels.
Generous canal widths and turning basins, a defining feature of Port Largo, provide ease of navigation and a level of boating infrastructure rarely found in the Keys. The existing two-story home offers a flexible foundation for transformation, including a substantial lower level with approximately 1,000 square feet of finished space suitable for future living areas, gym, media lounge, guest quarters, or private office.
The upper level captures natural light and water views with soaring ceilings and the open concept layout. Modernize the interior or serve as a temporary residence while plans for a custom new build are decided. The lot allows room to add a pool and outdoor entertaining areas, creating the potential for a fully realized waterfront estate that maximizes indoor-outdoor living and long-term appreciation.
An optional homeowners park located one street away provides access to a private boat ramp and additional waterfront amenities, further enhancing the value and convenience for boaters. Port Largo is prized not only for its direct ocean access but for its lifestyle.
Golf cart connectivity allows residents to reach neighborhood restaurants, bars, and even convenience stores without ever accessing US-1. A state-of-the-art community park nearby features pickleball and tennis courts, recreational fields, walking trails, exercise equipment, and a playground, elevating daily living beyond the waterfront.
Whether envisioned as a high-end redevelopment, a custom luxury build, or a strategic long-term investment, the opportunity is now to secure a lot with enduring market appeal in Key Largo.
Key Features
- Built in 1987
- 0.22 acre lot
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$13,105/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
184 Bahama Avenue
Key Largo, FL 33037
Port Largo (100.0)
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 3-bathroom single family at 184 Bahama Avenue is listed at $2,399,000 ($1,283/sqft). The estimated monthly payment is $10,671 based on 20% down at 6.5% interest.
HOA fees are $275/month.
Key features include: Built in 1987, 0.22 acre lot, Waterfront. Interior Features: Built-in Cabinets, Sky Light(s), Storage. Exterior Features: Fencing, Gazebo, Shed.
This property is listed by Walters Luxury Group Gloria, Rachel and Michaela Walters and can be reached at 3059426834 or gwalters@oceansir.com.
Walters Luxury Group Gloria, Rachel and Michaela Walters
Agent at Ocean Sotheby's International Realty
(305) 942-6834







